Update SJC gold price
As of 6:00 a.m., the price of SJC gold bars was listed by DOJI Group at 83.3-85.8 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, gold prices at DOJI remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at DOJI Group is at 2.5 million VND/tael.
Meanwhile, Saigon Jewelry Company listed the price of SJC gold at 83.3-85.8 million VND/tael (buy - sell).
Compared to the beginning of the previous trading session, the gold price at Saigon Jewelry Company SJC remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Saigon Jewelry Company is at 2.5 million VND/tael.
Bao Tin Minh Chau listed SJC gold price at 83.3-85.8 million VND/tael (buy - sell), unchanged.
Compared to the beginning of the previous trading session, gold prices at Bao Tin Minh Chau remained unchanged in both buying and selling directions.
The difference between buying and selling price of SJC gold at Bao Tin Minh Chau is at 2.5 million VND/tael.
The difference between buying and selling gold prices is listed at around 2 million VND/tael. Although it has decreased compared to the previous trading session, this difference is still very high.
This price difference is a factor that investors need to consider when participating in the gold market. It directly affects the ability to make profits, especially in the short term.
Price of round gold ring 9999
As of 6:00 a.m. today, the price of Hung Thinh Vuong 9999 gold rings at DOJI is listed at 83.5-84.5 million VND/tael (buy - sell), down 300,000 VND/tael for both buying and selling compared to the beginning of the previous trading session.
Bao Tin Minh Chau listed the price of gold rings at 83.68-84.78 million VND/tael (buy - sell); unchanged in both buying and selling directions.
World gold price
As of 6:00 a.m. on December 1 (Vietnam time), the world gold price listed on Kitco was at 2,650.3 USD/ounce, down 11.6 USD/ounce compared to the beginning of the previous trading session.
Gold Price Forecast
World gold prices fell despite the decline in the USD index. Recorded at 6:00 a.m. on December 1, the US Dollar Index, which measures the greenback's fluctuations against six major currencies, was at 105.830 points (down 0.21%).
Of the 14 analysts surveyed by Kitco News, six, or 43%, predict gold prices will rise next week. Seven, or 50%, predict gold prices will remain flat. Only one, or 7%, predicts prices will fall.
The gold market is waiting for new signals to determine a clearer trend. The following upcoming data are expected to have a big impact on the market in the short term:
Monday: ISM Manufacturing PMI - an index measuring the level of economic activity in the US manufacturing sector. This is one of the important metrics used to assess the health of the economy, especially in the manufacturing sector. This index is published monthly by the US Institute of Supply Management (ISM).
Tuesday: JOLTS employment report (a survey of employment and labor market movements in the US, conducted and published monthly by the US Bureau of Labor Statistics).
Wednesday: ADP Employment Data - a monthly report released by the human resources management services company Automatic Data Processing (ADP). This report provides information on the change in the number of non-farm private sector jobs in the United States, based on data from companies that use ADP's payroll services.
The ISM Services PMI (an index measuring the level of economic activity in the US service sector, published monthly by the ISM. This index provides important information about the health of the service sector, which accounts for the majority of US GDP). Also on this day, US Federal Reserve Chairman Jerome Powell participated in a moderated discussion at the New York Times DealBook Conference.
Thursday: US weekly jobless claims report.
Friday: US nonfarm payrolls report, University of Michigan preliminary consumer sentiment index.
See more news related to gold prices HERE...
